2012-12-01
2012-12-31
x indiana

STATION
CSPAN 21
CSPAN2 20
CNNW 12
COMW 8
CNBC 6
MSNBCW 3
FBC 2
KQED (PBS) 2
KPIX (CBS) 1
KQEH (KQED Plus) 1
LANGUAGE
English 87

Set Clip Length:


and focus on just one section about demands on the burke that in europe. quince not very long ago americans and europeans pride themselves on religious toleration and understanding. and animosity and violence including such bloody episodes as the wars of religion, including as well be quieter violence of colonial religious domination by europeans in many parts of the world and added to that, domestic anti-semitism and anti catholicism and culminating in the horrors of nazism which implicated not only germany but many other nations as well. europe and the u.s. until recently liked to think these dark times were in the past and religious violence was somewhere else, in societies more allegedly primitive, less characterized by heritage of christian values. today we have many reasons to doubt that. our situation calls urgently for critical self examination as we try to uncover the roots of ugly fears and suspicions that currently disfigure all western democracies. in april of 2011 a lot affect in france according to which it is illegal to cover the face in any public space from march to marketp

the systems of canada and other parts of europe like having a single-payer take care of all medical expenses? 's been a good question. we could probably be here quite some time to answer. from our vantage point, what we see if this is somehow works in canada and it does not have the care level here in the united states. even in the european countries like the u.k., they too have a one payer system. what happens it is cause long lines and health care is delayed in getting to people in the result is a dear. it is a more simpler model under one roof or an ape in a society that can access care at a single point and village across the platform as a whole. we were governmental sponsored plan because it does not encourage innovation and does not encourage competitive aspects. we hope you will get better going forward. >> slightly off-topic, [laughter] >> mr. brousard, i want to comment and give you some background first. i am a humana -- prescriber through my wife's retirement. and generally very satisfied with the program, particularly enjoy the silver sneakers relationship to encourage exercise.

hikes, europe's grand experiment with taxing the rich more is falling apart, especially in france and britain. and here at home, california and new york are passing through the 50% tax rate barrier. is anybody looking at how tax hikes fail the test of economic growth? >>> back here in the u.s., could it be michigan which used to call itself the worker's paradise union state is now moving towards new anti-union right-to-work legislation and it looks like it's going to pass? but first up, budget talks resume between speaker john boehner and president obama today. with just 25 days to go, let's keep tabs on where we stand. reports of a conservative backlash against speaker boehner simply not true. he has the solid support of his leadership and the rank and file. but there is concern among some in the gop that they are at risk of becoming the party for rich people while president obama and democrats stake their claim on the middle class. and my tax rate flexibility with higher -- here's what the president said earlier today. >> i'm not going to sign any package that somehow prevent pr

're cleaner than europe is right now. >> right. >> so we haven't felt it. my main worry is the following, that if the republicans and democrats can't get together to solve the fiscal cliff you will need an external force, a major market sell-off, you will need a major economic trauma to get them to poex. >> other things have been on the table. i want to talk to our viewers about a few of those as soon as we come back. coming up next, republicans want a new formula for inflation. it's called chained cpi. not a bad idea overall but it could slow the payments to social security recipients. the president has said he could agree to it but democrat lawmakers say no way. [ male announcer ] it's simple physics... a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inf

. so there is a similarity with what is happening in europe and what could happen here if we don't get our house in order. >> you talked about a single- minded focus, yet you are leaving with jobs undone. how do you feel about leaving at this particular point in time? >> we still have several weeks. we have laid out the plans and all these efforts i have been part of and other efforts as well. i still have some optimism that we will get this job done. one of the reasons i did not run again is the really wanted to focus these last two years. i knew if i was running, i would not be able to be in the hundreds of hours of negotiations i have been in. i believe many of the ideas we have generated will be part of any solution, whether it comes before the end of this year or early next year. i believe the work product we have produced will be part of the solution. >> you talked about no longer missing a 80% of family birthdays. what will you be doing then? >> i will be doing some speaking and doing some teaching. i have people starting to talk to me about other opportunities. i can assure you

, but we are cleaner than europe is right now. so we haven't felt it. my main worry is the following. if the republicans and the democrats can't get together to solve the fiscal cliff, then you will need an external force, you will need major market selloff. you will need a major economic trauma to get them to focus. >> there are other things that have been on the table. i want to talk about a few of those, as soon as we come back. coming up, the republicans want a new formula for inflation, it's called chained cpi, it could slow the growth in payments to social security recipients, that's got some people mad. the president has said he could agree do it, but democratic lawmakers say no way. [ bells dinging ] ♪ hark how the bells, sweet silver bells ♪ ♪ all seem to say throw care away ♪ ♪ from everywhere, filling the air ♪ [ female announcer ] chex party mix. easy 15-minute homemade recipes you just pop in a microwave. like caramel chocolate drizzles. happier holidays. chex party mix. happier holidays. santho, ho, ho!anta! santa! want to see some magic? watch this! merry c

and melissa lee. questions remain about the internals. europe is reacting to a miss on german industrial production and some reports at least that some ecb members favored a rate cut yesterday. our road map will go like this. that puzzling jobs number beating virtually every wall street estimate as the labor department says sandy had only a minimal effect. is it true a clean number and what are conspiracy theorists saying. >>> a comment hastings made last july. what does it say about s.e.c. rules and whether they are out of date. >> mcdonald's will post same store sales on monday gets an upgrade to buy taking the forecast to a street high after surveying franchisees. we begin with november jobs number. 146,000 nonfarm jobs added last month above forecast of 80,000. october and september payrolls were revised lower. unemployment rate fell by 0.2 to 7.7. that's the lowest in four years. the dip occurring mostly because more people stopped looking for work and were not counted as unemployed. as for hurricane sandy, the labor department says the storm did not substantively impact the novembe

with christine lagarde from the imf. i asked about the reforms that were taking place in europe. i asked, would any of these reforms be taking place without europe being in a fiscal crisis mode? her answer was, absolutely not. unless the revolver is at the temple of the politicians with the finger on the trigger, they're not capable of summoning the collective will to tell the people that represent that they need to take steps to resolve a problem and will cause disappointment and pain to do so. my experience in the years i have had in politics was exactly that. we never would have gotten what we did in 2011 without the threat of defaulting on our debt. to think that we could put a structure in place today that perhaps we would all be comfortable with in terms of solving our long-term problems and be assured that 10 years or not that congress would not have modified that dozens of times to the response of into joints who are banging on the door and saying this is to develop much pain, we could hardly sustain a policy for months around here, let alone 10 years. if you want to fix the long-term s

. (laughter) wink! welcome back to the show. let's turn our focus to europe. remember this fella here over my shoulder there? silvio berlusconi. a billionaire prime minister of italy elected three times even though as they say in rome, he was corrupt. >> the italian prime minister is no stranger to scandal. charges of bribery, corruption and embezzlement. >> officially guilty of tax fraud. >> sentenced to newshour years in prison for tax fraud. >> a serial flanderer. >> tales of lavish orgies. >> notorious all night so-called bunga-bunga parties. paying for sex with an underage prostitute. >> he was saying he could haven't sex with 11 women so instead he had sex with eight women. (laughter). >> jon: a man who had sex with eight women. that's the worst bond villain ever! (laughter) and if you pull one of them off, you just grow back. last november with the italian economy tanking, voters replaced berlusconi with his polar opposite, mario monti, an academic economist who promised to balance italy's books with strict austerity measures. that's not an easy choice. the country basically deciding i

into what you think your version should be for adopting the paa that's why europe into asia because leaders here said they would like to do some sort of paa in asia. >> you asked a lot of questions in there. >> [inaudible] [laughter] >> well, let me talk about the sbx in general. you know, the sbx was built as a research and development platform. it was not designed to be in the long term missile ballistic architecture. there's benefit in research and development, but since it was built, my estimation is that the overall sophistication of the capabilities have grown, and it's grown globally so that the need to have diminished because they are mature of enough to have it. as far as the intercepters to be productive, you have to look across the technologies that we pursue, and recognize that the significant technology challenges that have been associated with that program, and really, i think you have to -- in the time frame that we've had to develop these systems, i think we've done the technology part of the -- of this ballistic missile defense have done amazing things in that time frame, t

deduction will deteriorate. we are seeing a fiscal drag in europe. i would argue that we should smooth into this drag even more. make policy changes so next year the gdp is half of this speed limit. that would be consistent with extending an emergency program and some form of tax holiday. in terms of the debt ceiling, that needs to be increased. it would be nice to extend it at the next presidential election. it would be nicer to get rid of it altogether. it is anachronistic law that is a problem. it creates a great deal of uncertainty. as you can see, it can do a lot of damage to the economy. there are a lot of reasons why it is being considered to eliminate that ceiling. it should be carefully considered. at the very minimum, we should push this to the other side of the election. we do not want to address the debt ceiling on a regular basis. it is damaging confidence. on fiscal sustainability, we need deficit reduction in the next 10 years of about $3 trillion. to get there, a balanced approach would be $1.4 trillion in tax revenue. half of that would come through tax reform and the

the previous panel talk about state government, and one of the big problems in europe is that there is no fiscal coordination among the independent countries, and somewhat to our state, and who has to come along and bail them out when they have not done what they are supposed to do. i don't know that we're all that much different so we have a great panel. people that are far smarter than i am, and i'm going to introduce them all, and ask questions, and i'll ask the pam to keep answers relatively short so we can get through a lot of questions, and still get out of here on time. first of all, we have ali son frasier, director of thomas a. rowe institute for economic studies at the heritage foundation. director -- as director, she oversees the heritage foundation research on a wide range of domestic, economic issues incoming federal spending, taxes, the debt, and the deficit. before joining heritage in 2003, she was deputy director of the oklahoma office of state finance where she worked for governor frank keating. next on the panel, we have the institute fellow and the r

will deteriorate. we are seeing a fiscal drag in europe. i would argue that we should smooth into this drag even more. make policy changes so next year the gdp is half of this speed limit. that would be consistent with extending an emergency program and some form of tax holiday. in terms of the debt ceiling, that needs to be increased. it would be nice to extend it at the next presidential election. it would be nicer to get rid of it altogether. it is anachronistic law that is a problem. it creates a great deal of uncertainty. as you can see, it can do a lot of damage to the economy. there are a lot of reasons why it is being considered to eliminate jig there are a lot of reasonable proposals being considered to eliminate that ceiling. it should be carefully considered. at the very minimum, we should push this to the other side of the election. we do not want to address the debt ceiling on a regular basis. it is damaging confidence. on fiscal sustainability, we need deficit reduction in the next 10 years of about $3 trillion. to get there, a balanced approach would be $1.4 trillion in tax revenu

it is in europe or in asia. and i don't know personally how you grow a real economy without being able to produce goods in a competitive way. i think that it's important to also understand that there are so many factors that go into the adequacy of an educational system. you've referred to consolidation. absolutely critical. and new york state, 650 school districts. a lot of them, each of whom has their -- has one school bus or some of whom have one school bus and a commissioner transportation. >> oklahoma as tiny as we are have 521 school districts. >> that is a very tough nut politically. because education is always local. and always wants to make sure her kid gets on the football team. and it's hard to change that. but there's enormous, enormous redundancy in expenditures there. and that has to be addressed. also, the nature of the population varies. and that has an impact on the quality of education. and the ability of schools to teach. and the same time we have to recognize that 50 years ago, we had -- there weren't very many opportunities for women. there weren't very many women running sta

in europe, greece was the problem child that spent too much, saved nothing and threatened to take down the euro. new leadership, pay cuts, higher taxes as their weary government begs for more cash. committing to save the euro. it lives on, but for how long? >> the deadliest month to date as the assad regime intensified its air power. >> how much longer can this man hold on to power? bashar al assad was under even more intense pressure to step down but his regime stepped up the fire power against the opposition, civilians caught in the crossfire, more than 40,000 people have died so far. >> reporter: this is yet another bread line. >> the opposition fights on, making more dramatic gains than ever and gaining pledges of support from the international community. number one, she fought back from the brink of death after being attacked on a school bus. the taliban shot malala yousafzai. she survived, wake up in a british hospital and, according to her father, immediately asked for her school books. the world was gripped, moved and inspired by the story of one determined young girl facing do

've seen the spread of democracy from central europe to southeast asia and from latin america to the middle east. hundreds of millions of people have been lifted out of poverty in places like china, india and just about every other corner of the globe. and technological advances have transformed over almost every aspect of our daily lives. when i started here in the senate, it lacked. was a fruit and tweaking was something only earth day. no more. none of these extraordinary developments have been by accident. in fact, to a significant degree, i would say they were made possible by the principled leadership of the united states, by the global economy and international system that america created with our diplomacy and protected with paramilitary and by the unique culture of freedom, innovation and entrepreneurship flourishes in our country and that remains the model and inspiration for the rest of the modernizing world. we have every reason to be proud of the progress of humanity that has happened on americas watch and hear at home to be grateful for the countless ways in which our own coun

it should be for adapting the paa that is in europe into asia? because leaders here said they would like to do some sort of paa in asia. >> you ask a lot of questions in there. [laughter] well, let me talk about the sbx in general. you know, the sbx was billed as a research and develop a platform. it wasn't designed to be in a long-term ballistic missile defense architecture. still has a benefit in research and development, but since it was built in my estimation is that the overall sophistication of the capabilities have grown, and has grown globally so that the need to have sbx in that role has diminished over time because of the capabilities -- other capabilities are mature enough to be able not to have it. as far as the ability for the interceptors to be productive, i think it to look across all of technologies as we pursue in bmd, and recognize the significant technological challenges that have been associated with that program, and really i think, in the timeframe that we have had to develop these systems, i think we have done the technological part of this ballistic missile defens

cannot the other way around. and this makes as special among the nations of europe. our government has no power, expt that granted it by the people. it is time to check and reverse the growth of govenment, which shows signs of having grown beyond the consent of the governed. it is my intention to curb the size and influence of the federal establishment and to demand recognition of the distinction between the powers granted to the federal government and those reserves to the states or to the people. [applause] lou: reagan's original february 1981 plan proposed in that speech, enough cuts to bring spending down to 19 percentnt of gdp by 1984 ando balance the budget. the federal government started the 2013 budget year with a $292 billion deficit in the first two months. the nation not exactly on incorrect path to what was the reagan vision three decades ago. >> this is what democracy looks like. lou: a union demonstration turned violent. michig state pro worker law cutting in to union dues. unions don't like it. one of their state legislativ supporters says, there will be blood. we will s

. too bad nobody told the navy. student loan debt is a tremendous. they do it in europe that could get a lot of kids out of hot water. they have the number two country hit in the country. that's on this thursday on "fox & friends" starting in 12 minutes. take effect in january. >> the number of americans on food stamps is up 39 percent since president obama took office. should cutting that program be part of the discussion about the to 47.7 million. >> it is a guaranteed thing. it's an entitlement program. that means if you meet the income qualifications the government must give you the money whether the government has any money to give you or not. if they don't they have to borrow it. >> that's right spending on food stamps which hit nearly $75 billion in fiscal year 2012 is currently nonnegotiable. it is exempt from sequestration should it quick in. it is not on the table as part of the efforts to negotiate closing the growing gap between revenue and spending. the u.s. department of agriculture which administers the program said quote the increase in precipitation during the 2008 to

.s. economic data. none on top today. we're looking at a flat open across the board. as for europe, movement there. the buyback of greek debt will in fact work. we're seeing just fractions of a percent in terms of changes there. our road map this morning starts with the latest in the fiscal cliff negotiations. the white house promptly rebuffs the gop counterproposal which calls for $800 billion in new tax revenue but without tax rate increases for the wealthy. could this tax issue deadlock the talks? >>> bank of america ceo warns the cliff must get stalled or the economy could be stifled well into 2014. >>> even more dividends pushed into 2012. coach, american eagle moving up and oracle will play out three-quarters of dividends this year. >>> more strength in housing this morning. toll brothers earnings top expectations. we'll begin with the fiscal cliff. governors are set to meet today with the president and congressional leaders. governors are concerned about the impact of deficit reduction measures on their state budgebu. the latest gop offer would overhaul the tax code, raise $800 billio

of the next 10, 15 and 20 years. some people look to europe and say austerity there is not working. and i agree. an austerity program that's too quick can only make our problems worse. but i also see parts of europe that said by kicking the can down the road they can ignore their problems. and the only thing worse than austerity is the bond markets forcing a crisis upon your economy, forcing a crisis that would make a divide between spending and revenues more unsustainable. if we wait 3 years, 5 years, 10 years, 12 years from now we will be unable to safely deal with these problems. that's why we need a balanced and responsible deal now. after the election, many of my colleagues, particularly those on the republican side, have sort of publicly acknowledged that we need new revenue, has to be part of the solution. i believe even some of the numbers the president put forward in terms of revenue goals are too modest in terms of of what is needed to be put back into the revenue stream not to grow the size of government but to simply pay our bills. it is critically important that this new reve

while high while illegal research shows more drivers are toking up. studies like this one in europe show too much marijuana affects coordination and judgment. >> a reduced ability to divide one's attention. >> reporter: marijuana advocates argue marijuana is less debilitating than alcohol. but a new study shows those who drive within 3 hours of smoking pot are at a greater risk of causing a crash. >> it inhibits the ability to jump the judge time and distance. >> reporter: in state where marijuana is legal, the level is 5 man or grams. the impairment some argue is equal to alcohol. >> it's difficult to determine whether that five nanograms will change. >> reporter: heavy users though not impaired can test positive weeks after smoking. also what you smoke and how you smoke it affects people differently. even experts don't know how much pot causes impairment. >> two dosages would give me 5 nanograms. it's impossible to make that determination. >> reporter: the bottom line is this is going to be litigated. the pot people want it at 10 nanograms and it's at 5. megyn: coming up. how does amer

a situation where we have a massive advantage over europe and asia in terms of our natural gas. it creates a better economy and that reduces the debt. >> there is a headline predicting we will be producing more oil than saudi arabia beginning in 2020. this is something almost on imagined 10 years ago. what is the role of the federal government? >> to do things that encouraged the results. you can solve this fiscal problem if you grow our role to position relative to everybody else's. a big problem is the percentage of government spending is more than its should be related to total gdp. if there is an easier for millet in the history of economics that more american energy equals more american jobs, i don't know what it is. it is all the jobs you have if you of a reliable supply of energy. the front page of the "the wall street journal" indicates a difficulty of connecting this cheap product we have in natural gas. we thought we would run out natural-gas as a country. connecting this cheap product with a more expensive market and getting it overseas. if we could become energy self- sufficien

the confidence of investors around the world that america is getting its act together at a time when europe is struggling, at the time when japan is struggling and slowing down, when china growth is slowing, the world is looking to the united states to take the lead. as it has so many times in so many crises before. yet all they see is the stand-off and the inability to do what i think we all need to do. now, the choice is very clear. we have come to the point where i think most people looking at this understand that if we don't act now, the so-called kicking the can down the road no longer is a viable opportunity. no longer is something that we can afford to do. there's a group called kick it back, and i can see why the american people are frustrated over our inability to come to some agreement on this. and so obviously we hope that the president and speaker boehner will bring us that grand bargain by which we can evaluate and address before the end of the year. now, i have frequently said from this podium and back to the people that i represent in indiana that if we don't start with addre

only industrial country that came out of second world war intact. europe was on its knees. germany and japan were rubble so we thought that was the natural order of things. it wasn't. and when the other industrial countries recovered we got world competition as we have. we ran into bankruptcies. chrysler now twice. we see that in the southern states where the transplants are without the unions. they weren't the ones who went bankrupt last -- in 2008 and 2009. so it really is a choice. it's a tough choice. and i sympathize with the unions but the fact is that in the global economy where you have to compete on wages and other elements, of the units of production, can you either have, you know, high wages with low employment or you can, as obama would say, spread around the wealth. the fact is that in the right-to-work states, unemployment is 6.9%. >> we have a graphic that shows right-to-work vs. non-right to work statements on employment, go ahead. >> and in the other stays the non-right-to-work it's 8.7. so you can choose to have fewer workers who enjoy higher inflated unnatural, i

to their country of origin. >>> this is the most-watched singing contest in europe. it's got the glitz, the glamour, but -- >> it costs to perform, and it costs to stage it. and what do you get back? bluntly, you get a bunch of hoopla and a few pom-poms. >> wow. what some european countries on the verge of bankruptcy, many feel participating in the contest, well, strikes the wrong chord. through diet and exercise, alli can help you lose one more by blocking some of the fat you eat. let's fight fat with alli. ♪ i get congested. but now, with zyrtec-d®, i have the proven allergy relief of zyrtec®, plus a powerful decongestant. zyrtec-d® lets me breath freer, so i can love the air. [ male announcer ] zyrtec-d®. behind the pharmacy counter. no prescription needed. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super s

volunteered to be in the ambulance service. what he did when he got to europe was rescue and pick up other dough boys in europe out of those trenches and get them behind, take them back behind american lines so that they could be taken care of their wounds and he also picked up many of our americans, 114,000 to be exact that died in the great world war i. he was allowed or was able to come back to america alive he made it through the war. although many, as i mentioned, did not. many americans when they came home from the great war over there, as cohen said, difed the new. they picked up in europe in fact many of them a great number of them depride the spanish flu, almost as many as died in europe itself. frank buckles then went to work and during his work, he went to the philippines. when he was in the philippines, the japanese invaded in world war ii. he was captured and put in a prisoner of war camp for three and a half years. he was about to be executed and the americans came and liberated the camp and he along with the other prisoners of war came back to america. frank buckles went bac

cliff and a slowdown in the world's economy and in asia and in europe. so these are the three factors that have come together to give us a sustained drop in the price of gasoline almost over the last three weeks, wolf. >> is this a short-term development? what's in store over the longer term? >> we're into that lower driving season. obviously, spring and summer are bigger driving seasons. you'll see a pickup in demand when we get back into spring. that typically happens. a lot of it depends on the price of oil. that depends on what happens in the world economy. there are two things happening. one is the fiscal cliff. and the recession in europe. if things continue to slow down economically, we'll see less demand for gasoline. if there's more tension in the middle east, we'll see higher prices for oil. those are two things that could affect the price of oil, which will affect the price of gasoline. one thing to remember, that over the last ten years or so, wolf, demand for gasoline has started to drop off, as cars have become more efficient and as we've become better conservers. you'll

of eastern europe has become very differentiated. the don't even have much in common with one another. >> more with an applebaum on life in poland and hungary. tonight at 8:00. >> on thursday, local officials from york and new jersey urged congress to approve a supplemental funding for its cities affected by hurricane cindy. two officials with the small business administration testified. this is one hour and 45 minutes. >> good morning. thank you for joining us today to discuss the small business administration's response to hurricane sandy. i've of like to thank our witnesses that will be testifying in just a moment. i will introduce them in just a moment. let me make a couple of opening statements. we are here today to evaluate the response and recovery effort in the aftermath of hurricane same day as the largest ice storm in u.s. history. hurricane zandi claimed the lives of 130 to americans, it damaging and destroying more than 600,000 homes and 459,000 businesses leaving more than 8.5 million families with out fire or running water. most of the power grid has been turned back on.

europe and asia in terms of our -- in terms of our national natural gas. but it creates a better economy, high revenues that reduces the debt. >> senator, the same question to you. i'm wondering, this headline recently predicting that we're going to be -- the united states could be producing more oil than saudi arabia beginning in 2020. i mean, this is something almost unimagined 10 years ago. what is the role of the federal government from here on out, given that? >> i think the role of the federal government is to do things that encourage exactly that result and to follow up a little bit on the question of fiscal cliff, part of the way that you saw this fiscal problem issue grow our relative position in the economy relative to everybody else's. one of our big problems right now is the percentage of government spending is way more than it should be relative to total g.d.p. and part of that is because you don't have the growth in g.d.p. that the right kind of energy policies would produce. if there's an easier formula ever in the history of economics than more american energy equals more

period, those are just in europe. let's see if we can agree on a couple things. do you agree that when i was a kid or when you were a kid, there was 340 parts per million of carbon dioxide in the atmosphere? >> sure. it's rising. what's your point? >> so here's the point, is it's rising extraordinarily fast. that's the difference between the bad old days and now. >> carbon dioxide -- >> much faster than ever in history. >> let him finish, mark. let him finish. >> it's the rate that's of great concern more than the actual -- >> what do you put that rate down to, bill? >> it's human activity. you go back -- this is what i say all the time. you look at the ice and you find bubbles of trapped gas from 200 years ago, let alone 1,000 years ago. there's nobody running around with a hypodermic needle injecting bubbles of gas in ancient ice cores. that's the ancient atmosphere in there so you can determine the co composition quite accurately. >> what are the biggest factors, the man-made factors creating the acceleration of co2 in the atmosphere? >> the biggest thing is when i was 9 years old, th

with the challenges in europe, with china going through a transition, with india's political system, as chair of the india caucus, almost more this functional than ours. we look pretty darn good if we can put a real plan in place. >> what would be the size of the plan? >> i think it gets north of $4 trillion, whether it gets to $6 trillion. this goes back to where you start. two points -- kind of on the opening round questions. it is important to remember that the simpson-bowles plan, which has gained a lot of attention, or the gang of six, which is built off the simpson- bowles, the presumptions that went into those plans assumed that all the top rates would go back up. when you start from that, even though i think simpson-bowles's idea that he would bring the rates down to the high 20's is a bit of a stretch. i do not think we will see that kind of across the board almost zeroing out in some places of tax expenditures that would require. they can show a path towards meaningful tax reform even with the rates at the higher level. point two, and this is one of the things where i think those of

-- if you can't force workers to join them, outlawed a whole range of tools that workers in europe and other places use to organize, right. there are two sides of the act and all these pieces of legislation. >> i don't know. if i think if your argument is good enough your union is strong and make a better deal for your workers you're going to join people to join. >> it's always better to free ride. >> we've also expanded the ability of businesses, of corporations to inva against having union organizing. >> and intimidate. >> dessertify unions and intimidate people. what capital wants is the cheapest possible work it can buy. >> look at walmart. a great case. walmart does not pay its workers a living wage, not the minimum, $25,000 a year for going by federal poverty measurements and if they did they would lift hundreds of workers -- >> retail wages used to support a lifestyle. >> you can understand where governor snyder is coming from. sees businesses locating in indiana because of this. >> michigan has a amazing job creation and business relocation record in the last ten years. >> if you jus

in the economy. certainly europe's not any help. what's happening in china and japan is not any help. then you add on top of it what's coming out of washington. i don't think you should get your hopes up about figuring it out before the end of this year. i think there's a pretty deept chance we go over the cliff and then try to sort it out in the beginning of the year. >> lovely. >> joe, when did 146,000 jobs become good? have we become so pessimistic -- have our expectations come so low we're cheering 146,000 when we should be well over 200? >> plus the downward revisions for the previous two months. >> although, those revisions were almost all in government. mandy makes a good point. 150,000 a month, which has been the average over the past is a months or so, is not great. if this was a normal recovery, we'd be growing at 4% instead of 2 on gdp. employment would be well over 250. however, the good news in today's report was if you look at the household survey, there was clearly a hurricane effect in these numbers. we might actually have printed over 200 absent hurricane sandy. i would argue

traveled to 15 countries over the last four years. i told these companies that built the rails in europe and asia, come to america. invest in america. many of them are here now. in the absence of congress not providing the money but the leadership of the president's providing the money, we would get there with public money. until we do, we will use private dollars. >> with all respect, there is not 50 minutes worth of vision in this congress. the chairman likes to exclude himself. i very much respect and i believe it is the way to proceed not to give up on high-speed rail. i beg you not to get up. -- giv eup. e up. if you continue to flake this money out, it in the end there will be huge criticism of the administration for having nothing to show for a bond. above is a possible for you to think you're a fiscal priority based on a real time vision of what lies ahead for us in the next five years so that we might prioritized among these projects which for example have state go ahead. the projects were you see an opportunity for private sector funding. on some rational basis, we're going to

into bondage and servitude today. you can have a victim of sex trafficking in western europe. the immediate economic consequence of this, appreciation and cost, it is an increase in return on investment, particularly when tied to the fact that you can exploit people in dozens of industries. the old world, calculated, roughly 15% or 20% return on investment. today, 300% or 400%. it might be well beyond that. the duration of exploitation has changed. because of a large capital investments and the slow return, you could maintain and exploit people across the lifetimes. today, six months, one year, a couple years, it is much shorter. of course, very importantly, centuries ago, you could legally own human being is. today, you cannot actually legally own human believe -- beings. i have already used a lot of terms, slavery, human trafficking, and i have not told you what they mean. the reason for that is that some of these terms, most of these terms remain unclear. there's a lot of debate whether you talk to prosecutors, law enforcement, people in the international arena as to what slavery means.

all too common. the country sends goods all the over the u.s. and europe. this factory had links through subcontractors to retail giants such as wal-mart, sears and disney. but safety is often ignored in the pressure to keep production moving for a global supply chain. the enter in the labor rights forum says more than 600 people have died in bangladesh garment factory fires since 2005. this blaze was followed two days later by a 12-story fire in another part of the town. there were no deaths in that blaze. for more on all this we turn to steven greenhouse who covers labor and workplace issues for the noork times. thanks for being with us. steven, bring us up to speed. after that fire there were documents an activist group put out which seemed to indicate retailers unwilling to pay for some of the safety upgrades. >> yes. documents came out from a that was held last year in bangladesh. a meeting called by the government and by the bangladesh manufacturers association that was urging those giant western retailers like the gap, like wal-mart to like step up to the plate and agree t

of central europe, particularly hungary, east germany and poland from 1944 to 1946, they tried to empty out the universities of historians and philosophers. and they were pretty effective at that. they got them to go west. as we know. or they exiled them in some way internally. in central europe, eastern europe as well. they encouraged more science and engineers, which is fifpblete but they weren't in a creative environment where they could do good work. democracy, as again the founders would have known this, you can't just be a science and engineer in a democracy to look way over the cliff to the mountains and beyond. so i'm very disturbed now to say that one great state university is talking about creating incentives for people to do science and engineering as undergraduates as against in effect creating disincentives for people to do humanities. you have to have people who can look beyond the current crisis. that also has been part of the american middle class, new ideas. >> i agree with that. i would like to see more of an emphasis on the science and math. i guess -- we are going to in

's positive. in europe distortion of dishonesty. this is "hardball" the place for politics. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together for your future. ♪ customer erin swenson bought so, i'm happy. today. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm happy. i'm happy. i'm happy. happy. happy. happy. happy. (together) happy. i love logistics. >>> coming up the biggest lies of this election year. politifact's got the list and it's coming up next. you're watching "hardball." anncr: some politicians seem to think medicare and... social security are just numbers in a budget. well, we worked hard for those benefits. we earne

the side of the mountain in almost every major country in the world, whether it's japan, china, europe is now pressing on the accelerator, brazil, even india, the united states. i think when you look at the monetary stimulus that's taking place around the world, the uncertainty over the cliff will go away. i think we'll grow better than 4% nominal and might grow 3% to 4% real in the united states and multiple expansion would clearly take place under that scenario, so i think it's hard to get to bearish, particularly when the stock market is not giving us any signs of meaningful deterioration, you know, whether you look at the technical indicators or fundamental indicators. >> a great point. bill stone, you know, rimm stock has done so well just in the last several weeks. we're still expecting a loss for the quarter on 2.66 billion in revenue, but do you own this stock? would you buy rimm? would you look to buy technology going into 2013? >> we don't own the stock. i will say i am a product user. i love rimm because i love that keyboard. i can't get rid of it. >> right. >> i don't reall

they are facing a similar probe in europe. >>> stock market has been focused on "fiscal cliff" talks of late. negative sentiment last week, some hope after some weekend talks. so let's see how the market is doing now. dow higher by 52 points. nasdaq is up by 14. s&p gaining 7. apple shares flat, google up 1.5% on the "wall street journal" report. back to you. >> thank you, jason brooks with kcbs and cbsmoneywatch.com. >>> well, if you can avoid the post office today, you may want to. expect long lines there. it's going to be the busiest mailing day of the year with a crush of holiday packages. there will be a 20% increase in package deliveries compared to last year. that could help the struggling service recover from the recent billion-dollar losses. >>> it's time now for a look at what's coming up later on "cbs this morning." norah o'donnell is in newtown, connecticut. >> reporter: good morning, brian, elizabeth. it is a tough morning here in newtown with the first of the funerals beginning today. but we're also hearing some remarkable stories of bravery and heroism. ahead gayle king talks

economy, more oil intensive than europe, and oil coming to the middle east before that and a dozen chinese from libya, the question i would raise is the need for china to stabilize resources of oil and energy resources and the same kind of ambition to sustain that with the geopolitical force as we have, is that going to lead to conflict we are talking about? >> yes, sir. >> what about canada? may be a quick comment on the resource issue, i take issue with whether or not it is better to know what is there or not there. canada and the united states have an interesting discussion about the border between alaska and canada. [talking over each other] >> we were a lot better off when it was not how many barrels of oil will come to each nation's economy but i would like to ask a question as to moving from the flash point of the moment, a longer term issue, the indian ocean and seeing china bases in sri lanka, does india regard this as a legitimate protection by china of its sea lanes for commerce with significant -- does it see it as an encirclement of indiana and a strategic threat to india as o

a history of attacks in magreb and expressed an intent to target europe. the u.s. is focused on security in mali, it will require democratic election a legitimate settlement of northern greeranses, restoration of maliian sovereignty and continuing the civilian-led response to the humanitarian situation. the department of defense is working with african partners to enable ecowas to enable military planning for a national force. this is very much an african led process. our efforts are aimed at making our partners more capable so that combating the terrorist threat in their territories and providing better security for their people more generally. the worstening situation in mali also poses a risk to the surrounding governments in the in the region, especially mauritania and niger. the transsiberian -- transis a ha ran partnership allows us to counter aqim. the department of defense, usaid and others work closely to coordinate our capacity building efforts to ensure unity of effort with the 10 participating partners which ebb collude mali and its neighbors. ecowas with the forth of -- supp

europe has become very differentiated. these countries no longer have much in common with each other except for the common memory of communist occupation. >> more on poland, hungary from the end of world war ii. from her historical narrative, iron curtain, sunday at 8:00 on "q&a." >> "washington journal" continues. host: congressman john larsen, good morning, thank you for being here. we are hearing about the back- and-forth of the fiscal cliff. where do you think that things are at with the negotiations? caller: i am always a glass half full type of guy. i think that speaker boehner faces a unique challenges in his conference, ultimately i do not think that john boehner will stand by and see the nation go over a fiscal cliff. i do think that there are so many issues that we agree on, on both sides. you can see this in a number of members, members who have come forward and said i think similar things. first and foremost, put the country back to work. putting people back to work is the democratic or republican, it is just common sense. we know that job creation equals deficit reductio

to call eastern europe has become differentiated. it's no longer these countries no longer have much in common with one another except the common memory of communist occupation. >> more with the pulitzer prize winner ann on life in soviet east germany from the end of world war ii through 1956 from the historical narrative subtle night at 8:00 on c-span q & a. this hearing is an hour 45 minutes. committee will come to order. the oversight committee exist to secure two fundamental principles, first americans have a right to know that the money washington takes from them is well spent. and second, americans deserve an government that, woses for them. our duty on the oversight and governor reform committee is to protect the rights, our so lem responsibility is to hold government accountable to taxpayers. because taxpayers have a right to know what they get from their government. it's our job to work tirelessly as citizens watchdogs to deliver the facts to the american people and bring reform to the bureaucracy. our committee's resources are limited. but in one area, we have focused for m

for their own security and latin america and africa and europe and elsewhere the past decade of the war the most effective way to address longer-term challenges is to help build a capability of our allies we've seen this approach with our counter insurgency campaigns in iraq and afghanistan and yemen and somalia. we are expanding to partners in order to address a broad range of security challenges in asia-pacific and the middle east, and as i said in europe, africa and latin america. to implement this element of the strategy, a the service is or retaining the security cooperation capabilities that we had held over a decade of war and making investments in the regional expertise through the army is regionally aligned brigade structure they are able to end fact engage on a rotational basis to assist other countries. the entire u.s. government is working to make our security cooperation particularly foreign military sales more responsive and more effective to cut through the bureaucracy and to cut through the red tape to be able to provide the assistance that we need to other countries without dela

than five had gone to elementary school in the united states. they came from china, europe, israel. we are not doing a good job in the states in making science and technology a profitable activity, where kids can commit their entire lives and careers to it. the best thing we can do is to invest in science and technology and mathematics education in our elementary and high schools. about the role of private enterprise in solving the problems. i believe that no import technology ever becomes broadly used unless it is commercialized and is an innovation that people want to use. there are smart people like the one building a private space company or another founder who has a fund in silicon valley. smart people who are trying to use private enterprise to solve big problems. i did not discount that. government and academia has its role. one has talked a lot about going to mars. he hopes to die on mars as a first human columnisonist. we had to build 30 saturn-5 rockets, each exerting 7 million pounds of thrust. n out ofhasn't gotte low-earth orbit. going to mars is like building the pyramids

worldwide implications. europe already is on the verge of trouble. to have the united states go off the edge would be catastrophic, for the world, for the global economy. kelly: juan, i was talking to a very good friend of mind who lives here in the united states. he is of course living here, came from paris, france. his friends overseas are saying what is going on with the united states? these guys are actually saying, why can't the united states get this together because so many people throughout the world depend on us. look, our white house chief correspondent ed henry reports the president is rushing back to washington late tonight to get this deal done but is there enough christmas spirit and cheer on capitol hill that there can be goodwill expressed towards republicans and democrats to work in harm any to harmony to find something amenable to everybody? >> i think public opinion out there, public opinion clearly is not favorable to republicans at this moment about the fiscal cliff and the markets out there again could be very, very harsh if there is no deal. so i don't know about chris

and be at home. they didn't die in the middle east. they didn't die in eastern europe. they didn't die in africa were central or south america. they died right here in their own country tried to get all their people to become participated in the democratic process. and right now there is an attempt on the part of several members of congress, both democrats and republicans to get the postal service to issue a stay on in honor of these three young men. [applause] so we had to work in as. we mobilize. we had to speak up, we had to speak out. we had to get in trouble, good trouble, necessary travel. after dark or martin luther king received the nobel peace prize in december 1964, after president johnson signed the civil rights act in july 1964, dr. king had a meeting with the president. when he returned from europe, told him we needed voting rights act. president clinton johnson told dr. king in so many words, we don't have the votes in the congress to get it out of my sight pass. dr. martin luther king junior came back to atlanta, but with a group of us. my organization was already involved. and se

energy corridor serving central and southeastern europe and unleashing our own liquified natural gas exports to address the energy vulnerabilities of our closest allies. the potential global crisis over food production is less well understood. whereas research is opening many new frontiers in the energy sphere, the productivity of global agriculture will not keep up with projected food demand unless many countries change their policies. this starts with a much wider embrace of agriculture technology, including genetically modified techniques. the risks of climate change intensify this imperative. even as we deal with potential resource constraints, our country remains vulnerability to -- remains vulnerable to terrorism and assymetric warfare. access to the internet and social media has deeply altered international politics. in most cases for the better, but it's also contributed to instability, to sudden upheavals, like the arab spring. it's allowed destructive terrorist movements like al qaeda to franchise themselves. it's intensified risks of cyber attacks, espionage and the prolif

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